Blackstone Mortgage Trust (BXMT) Tops Q2 EPS by 7c

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Blackstone Mortgage Trust Reports Second Quarter 2020 Results

July 29, 2020 7:03 AM EDT

NEW YORK--(BUSINESS WIRE)-- Blackstone Mortgage Trust, Inc. (NYSE: BXMT) today reported its second quarter 2020 results.

Stephen D. Plavin, Chief Executive Officer, said, BXMTs key advantagesour $18 billion senior mortgage loan portfolio, well-capitalized balance sheet and market-leading real estate platformall contributed to our strong second quarter performance. We again collected 100% of borrower interest while raising $607 million of new capital and increasing our liquidity to $1.3 billion. BXMT is very well positioned to protect its assets and originate new loans as transaction activity rebuilds.

Blackstone Mortgage Trust issued a full detailed presentation of... More